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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
August
9, 2022
Date
of Report
(Date
of earliest event reported)
OZOP
ENERGY SOLUTIONS, INC.
(Exact
name of registrant as specified in its charter)
| Nevada |
|
000-55976 |
|
35-2540672 |
(State
or other jurisdiction
of
Incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
42
N. Main St.
Florida,
NY 10921
(Address
of principal executive offices, including zip code)
(845)
544-5112
(Registrant’s
telephone number, including area code)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
| ☐ |
Written communications pursuant to Rule 425 under the Securities Act |
| |
| ☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act |
| |
| ☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act |
| |
| ☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act |
Securities
registered pursuant to Section 12(b) of the Act:
| Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
| None |
|
N/A |
|
N/A |
Item
7.01 Regulation FD Disclosure.
The
Company issued press releases on August 9, 2022, September 7, 2022, and September 21, 2022. Copies of the press releases issued by the
Company are attached as Exhibits 99.1, 99.2, and 99.3 to this Current Report on Form 8-K, which are incorporated by reference solely
for purposes of this Item 7.01 disclosure.
Exhibits
99.1, 99.2, and 99.3 contain forward-looking statements. These forward-looking statements are not guarantees of future performance and
involve risks, uncertainties and assumptions that are difficult to predict. Forward-looking statements are based upon assumptions as
to future events that may not prove to be accurate. Actual outcomes and results may differ materially from what is expressed in these
forward-looking statements.
The
information set forth under this Item 7.01, including Exhibits 99.1, 99.2, and 99.3 is being furnished and, as a result, such information
shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), or otherwise subject to the liabilities of such Section, nor shall such information be deemed incorporated by reference
in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference
in such a filing.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated:
September 26, 2022
| |
OZOP ENERGY SOLUTIONS, INC. |
| |
|
|
| |
By: |
/s/
Brian Conway |
| |
Name: |
Brian
Conway |
| |
Title: |
Chief
Executive Officer |
Exhibit 99.1
Ozop
Energy Solutions, Inc. Executes Agent Agreement
Ozop
Plus to Market and White Label Royal Administration Services Inc.’s
Vehicle Service Contracts for Electric Vehicles
Warwick,
NY, August 9, 2022 (GLOBE NEWSWIRE) - - Ozop Energy Solutions. Inc. (OZSC), is pleased to announce that it has entered into an
Agent Agreement with Royal Administration Services, Inc. (“Royal”). Under the agreement, OZOP Energy Solutions, Inc.
(Ozop) will market Royal’s electric vehicle (EV) vehicle service contract (VSC). Royal has agreed to allow Ozop Plus on any
VSC’s we have acted as the agent, to assume all of the risk related to the electric battery at an agreed upon premium. The
battery premium is dependent on the consumer’s selection of the duration of the VSC, the miles selected for coverage and the
type of vehicle that the consumer has purchased, with a key component being the kWh size of the battery. Royal has further agreed to
cede to Ozop Plus the battery portion of the premium on any VSC they market through their own distribution channels. These
VSC’s have a maximum of 10 years and 150,000 miles and cover new and used cars from model year 2017 and newer.
Brian
Conway, the Company’s CEO stated “We are very excited to be able to partner with Royal in creating what we both believe is
a best-in-class VSC. With the available high limits in both years and miles as well as the comprehensive coverages of the VSC, it brings
“peace of mind” to any EV buyer. This is the next step in our commitment in making Ozop Plus the premier provider for EV
insurance products.”
Richard
McCabe, President of Royal stated “My team at Royal has had a great experience working with Ozop Plus. Our EV VSC terms and conditions
as well as the premium pricing has been approved by our carrier Rated A+ by A.M Best. Next week we will begin the filing process in all
50 states, 30 plus of which are effective upon filing, and the others have various waiting times or approvals needed. We are anxious
to bring the market this VSC for new and used electric vehicles that provide exceptional protection against repair costs, which could
be quite high related to the battery, while increasing dealer value on each and every sale.”
About
Ozop Energy Solutions.
Ozop
Energy Solutions (http://ozopenergy.com/) invents, designs, develops, manufactures, and distributes ultra-high-power chargers,
inverters, and power supplies for a wide variety of applications in the defense, heavy industrial, aircraft ground support, maritime
and other sectors. Our strategy focuses on capturing a significant share of the rapidly growing renewable energy market as a provider
of assets and infrastructure needed to store energy.
About
Ozop Energy Systems, Inc.
Ozop
Energy Systems is a manufacturer and distributor of Renewable Energy products in the Energy Storage, Solar, Microgrids, and EV charging
Station space. We offer a broad portfolio of Renewable Energy products at competitive prices with a commitment to customer satisfaction
from selection, to ordering, shipping, and delivery.
About
Ozop Engineering and Design
Ozop
Engineering and Design engineers energy efficient, easy to install and use, digital lighting controls solutions for commercial buildings,
campuses, and sports complexes throughout North America. Products include relays panels, controllers, occupancy/vacancy sensors, daylight
sensors and wall switch stations. Ozop has a dedicated design team that produces system drawings and a technical support group for product
questions and onsite system commissioning. Our mission is to be recognized for our deep understanding of power management systems and
ability to provide the right solution for each facility.
www.ozopengineering.com
About
Ozop Capital Partners
Ozop
Capital Partners, Inc. is a majority owned subsidiary of the Company, and wholly owns EV Insurance Company, Inc. (“EVIC”).
EVIC, DBA Ozop Plus is licensed as a captive insurer that reinsures.
https://twitter.com/OzopEnergy
https://www.facebook.com/OzopEnergy/
About
Royal Administration Services, Inc.
Royal
Administration Services, Inc. is a provider and administrator of vehicle service contracts. The business’ products include automobile
warranty plans, automobile warranty service, and automobile warranty service insurance. Royal has been in business for over 35 years,
has written in excess of two million policies and has paid over $2 billion in claims.
Safe
Harbor Statement
“This
press release contains or may contain, among other things, certain forward-looking statements. Such forward-looking statements involve
significant risks and uncertainties. Such statements may include, without limitation, statements with respect to the company’s
plans, objectives, projections, expectations and intentions and other statements identified by words such as “projects,”
“may,” “will,” “could,” “would,” “should,” “believes,” “expects,”
“anticipates,” “estimates,” “intends,” “plans,” “potential” or similar expressions.
These statements are based upon the current beliefs and expectations of the company’s management and are subject to significant
risks and uncertainties, including those detailed in the company’s filings with the Securities and Exchange Commission. Actual
results may differ significantly from those set forth in the forward-looking statements. These forward-looking statements involve certain
risks and uncertainties that are subject to change based on various factors (many of which are beyond the company’s control). The
company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events
or otherwise, except as required by applicable law.”
Investor
Relations Contact – Ozop
The
Waypoint Refinery, LLC
845-397-2956
www.thewaypointrefinery.com
Exhibit
99.2
Ozop
Energy Solutions, Inc. Announces Completion of Initial Projects for National Furniture Company
The
Company’s Wholly-owned Subsidiary OZOP Engineering and Design completes first three commissioning projects
Warwick,
NY, September 7, 2022 (GLOBE NEWSWIRE) - - Ozop Energy Solutions. Inc. (OZSC) is pleased to announce that its subsidiary OZOP
Engineering and Design (OED) has completed the first three lighting commissioning projects for a national furniture company. The
projects completed are the first of over forty franchise locations that are marked to be programmed by OED through its’
relationship as a commissioning agent for their partners.
Brian
Conway CEO of OZSC stated “We are extremely proud of the team for handling these first few projects in such a timely manner. OED
has already made some strategic connections in this space and these projects are a perfect example of the confidence that our partners
have in OED.” “As we anticipated, our relationships with manufacturers and lighting wholesalers have allowed us the opportunity
to assist in the deployment of lighting control for their clients. The positive feedback our team has received regarding these installations
installs confidence in our clients and is essential to our direction and growth of OED” Continued Mr. Conway.
The
projects completed are the first in approximately forty advanced lighting commissioning projects that are set to be completed throughout
the US for this furniture retailer. In addition to this furniture project OED has also completed several lighting control projects in
NY, NJ, PA and WI for end users such as financial institutions, school districts and hospitals.
Bill
Yargeau VP Business Development stated “We’re seeing great market adoption due to the passing of NY’s Energy Code 97,
resulting in finding ourselves programming both new and existing construction in an effort to meet energy codes prior to 2025. To differentiate
OED from our competition, we’ve taken great effort to ensure that any going-forward technical support needs of our clients and
the end user are being met, as the primary complaint from building management is related to the industry failing in regard to proper
support after the initial visit. OED is off to a great start, with so much opportunity on the horizon in supporting zero carbon emissions
for buildings.”
About
Ozop Energy Solutions.
Ozop
Energy Solutions (http://ozopenergy.com/) invents, designs, develops, manufactures, and distributes ultra-high-power chargers,
inverters, and power supplies for a wide variety of applications in the defense, heavy industrial, aircraft ground support, maritime
and other sectors. Our strategy focuses on capturing a significant share of the rapidly growing renewable energy market as a provider
of assets and infrastructure needed to store energy.
About
Ozop Energy Systems, Inc.
Ozop
Energy Systems is a manufacturer and distributor of Renewable Energy products in the Energy Storage, Solar, Microgrids, and EV charging
Station space. We offer a broad portfolio of Renewable Energy products at competitive prices with a commitment to customer satisfaction
from selection, to ordering, shipping, and delivery.
About
Ozop Engineering and Design
Ozop
Engineering and Design engineers’ energy efficient, easy to install and use, digital lighting controls solutions for commercial
buildings, campuses, and sports complexes throughout North America. Products include relays panels, controllers, occupancy/vacancy sensors,
daylight sensors and wall switch stations. Ozop has a dedicated design team that produces system drawings and a technical support group
for product questions and onsite system commissioning. Our mission is to be recognized for our deep understanding of power management
systems and ability to provide the right solution for each facility.
www.ozopengineering.com
About
Ozop Capital Partners
Ozop
Capital Partners, Inc. is a majority owned subsidiary of the Company, and wholly owns EV Insurance Company, Inc. (“EVIC”).
EVIC, DBA Ozop Plus is licensed as a captive insurer that reinsures. Ozop Plus markets vehicle service contracts (“VSC’s”)
for electric vehicles (EV’s) that offers to consumers to be able to purchase additional months and or miles above the manufacturer’s
warranty and to also bring added value to EV owners by utilizing our partnerships and strengths in the energy market to offer unique
and innovative services.
https://twitter.com/OzopEnergy
https://www.facebook.com/OzopEnergy/
Safe
Harbor Statement
“This
press release contains or may contain, among other things, certain forward-looking statements. Such forward-looking statements involve
significant risks and uncertainties. Such statements may include, without limitation, statements with respect to the company’s
plans, objectives, projections, expectations and intentions and other statements identified by words such as “projects,”
“may,” “will,” “could,” “would,” “should,” “believes,” “expects,”
“anticipates,” “estimates,” “intends,” “plans,” “potential” or similar expressions.
These statements are based upon the current beliefs and expectations of the company’s management and are subject to significant
risks and uncertainties, including those detailed in the company’s filings with the Securities and Exchange Commission. Actual
results may differ significantly from those set forth in the forward-looking statements. These forward-looking statements involve certain
risks and uncertainties that are subject to change based on various factors (many of which are beyond the company’s control). The
company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events
or otherwise, except as required by applicable law.”
Investor
Relations Contact – Ozop
The Waypoint Refinery, LLC
845-397-2956
www.thewaypointrefinery.com
Exhibit
99.3
Ozop
Energy Solutions, Inc. Announces First Dealership for Vehicle Service Contracts for Electric Vehicles
Dealer
representing Ozop Plus Vehicle Service Contracts for Electric Vehicles
Warwick,
NY, September 21, 2022 (GLOBE NEWSWIRE) - - Ozop Energy Solutions. Inc. (OZSC or the “Company”), is pleased to
announce that it has signed its first auto dealership to sell Vehicle Service Contracts (“VSC’s”) for Electric
Vehicles (“EV”). Sansone Jr’s Windsor Nissan is now an active dealership with GS Administrators, Inc., a member of
Houston-based GSFSGroup. Under the Marketing and Claims Services Agreement, Sansone Nissan can sell EV VSC’s through their
Finance and Insurance (“F&I”) department. Pursuant to the Company’s agreement with GSFSGroup, the Company can
receive an Agent fee of up to $500, from which it will need to compensate any sub-agents associated with the sale of any EV VSC.
Additionally, GSFSGroup will cede the premium for the entire VSC for any VSC’s marketed by Ozop Plus. Such premium will be
recognized as earned premium over the term or life of each contract.
Marcy
Maguire the CEO of Sansone Jr’s Windsor Nissan stated “I am very pleased to be the first Ozop Plus dealer signup with GSFSGroup.
I am anxiously waiting for the arrival of the Nissan Ariya EV and extremely excited that my dealership will be able to have this product
available for my customers. As a dealer it gives me added confidence that my customer can leave our dealership with the peace of mind
this EV VSC provides.”
Brian
Conway, the Company’s CEO stated “We are extremely happy to welcome Sansone Jr’s Windsor Nissan to the Ozop Plus family
and are grateful for their patience being the pilot dealership for our team to onboard. This marks the first of what we hope to be thousands
of dealerships over the next few years.
The
Ozop Plus team is committed to making Ozop Plus the premier provider for EV insurance products.”
About
Ozop Energy Solutions.
Ozop
Energy Solutions (http://ozopenergy.com/) invents, designs, develops, manufactures, and distributes ultra-high-power chargers,
inverters, and power supplies for a wide variety of applications in the defense, heavy industrial, aircraft ground support, maritime
and other sectors. Our strategy focuses on capturing a significant share of the rapidly growing renewable energy market as a provider
of assets and infrastructure needed to store energy.
About
Ozop Energy Systems, Inc.
Ozop
Energy Systems is a manufacturer and distributor of Renewable Energy products in the Energy Storage, Solar, Microgrids, and EV charging
Station space. We offer a broad portfolio of Renewable Energy products at competitive prices with a commitment to customer satisfaction
from selection, to ordering, shipping, and delivery.
About
Ozop Engineering and Design
Ozop
Engineering and Design engineers energy efficient, easy to install and use, digital lighting controls solutions for commercial buildings,
campuses, and sports complexes throughout North America. Products include relays panels, controllers, occupancy/vacancy sensors, daylight
sensors and wall switch stations. Ozop has a dedicated design team that produces system drawings and a technical support group for product
questions and onsite system commissioning. Our mission is to be recognized for our deep understanding of power management systems and
ability to provide the right solution for each facility.
www.ozopengineering.com
About
Ozop Capital Partners
Ozop
Capital Partners, Inc. is a majority owned subsidiary of the Company, and wholly owns EV Insurance Company, Inc. (“EVIC”).
EVIC, DBA Ozop Plus is licensed as a captive insurer that reinsures.
https://twitter.com/OzopEnergy
https://www.facebook.com/OzopEnergy/
Safe
Harbor Statement
“This
press release contains or may contain, among other things, certain forward-looking statements. Such forward-looking statements involve
significant risks and uncertainties. Such statements may include, without limitation, statements with respect to the company’s
plans, objectives, projections, expectations and intentions and other statements identified by words such as “projects,”
“may,” “will,” “could,” “would,” “should,” “believes,” “expects,”
“anticipates,” “estimates,” “intends,” “plans,” “potential” or similar expressions.
These statements are based upon the current beliefs and expectations of the company’s management and are subject to significant
risks and uncertainties, including those detailed in the company’s filings with the Securities and Exchange Commission. Actual
results may differ significantly from those set forth in the forward-looking statements. These forward-looking statements involve certain
risks and uncertainties that are subject to change based on various factors (many of which are beyond the company’s control). The
company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events
or otherwise, except as required by applicable law.”
Investor
Relations Contact – Ozop
The
Waypoint Refinery, LLC
845-397-2956
www.thewaypointrefinery.com